Key statistics

Asset allocation

Cash

18.89%

Stocks

1.14%

Bonds

73.93%

Other

6.04%

Purchase information

Initial

$125,000,000

9.23+0.02(0.22%)

Jul 31, 4:00PM EDTOverall Morningstar RatingTM

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Description

The investment seeks total return in excess of that of its benchmark, the J.P. Morgan EMBI Global. The fund invests primarily in debt of emerging countries that is issued by a sovereign or its instrumentalities and that usually is denominated in U.S. dollars, Euros, Japanese yen, Swiss francs or British pounds sterling. Under normal circumstances, it invests directly and indirectly (e.g., through other GMO Funds or derivatives) at least 80% of its assets in debt investments tied economically to emerging countries. It is non-diversified.
Fund filings (PDF) »